BASF Corp. (Mount Olive, NJ) has closed its 80 million lb/yr PS manufacturing facility in Holyoke, MA, and will accelerate the closing of its 75 million lb/yr PS plant in Santa Ana, CA, originally scheduled to close by late 1998.

Tuscarora Inc. (New Brighton, PA) acquired EPS (Moulders) Ltd. (Livingston, Scotland), a manufacturer of custom molded EPS. Tuscarora has also announced an agreement with BASF (Ludwigshafen, Germany) to conduct a joint feasibility study into the development of the EPS molding business in Brazil.